With 85% of votes counted in Panama, Laurentino Cortizo of the Democratic Revolutionary Party had almost 33%, ahead of businessman Romulo Roux of the Democratic Change party at 31%
The narrow race raised the possibility of an upset by Romulo Roux, 54, of the centre-right Democratic Change party, who lagged in pre-election polls behind Laurentino"Nito" Cortizo by more than 10 points.
The narrow race raised the possibility of an upset by Romulo Roux, 54, of the centre-right Democratic Change party, who lagged in pre-election polls behind Laurentino "Nito" Cortizo by more than 10 points. Cortizo, a 66-year-old former agriculture minister from the moderate left Democratic Revolution Party , aimed to woo the country's 2.8 million voters with promises to fight graft following bribery scandals and the canal nation's role in hiding the wealth of global elites.
Panama previously appeared on FATF's list of countries deemed deficient in their measures to tackle money laundering. Earlier this year, Panama passed a law that makes tax evasion illegal.
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